and a fixed effect two-stage least squares model, this study exploits variations in fertility and in human capital … progress increased the demand for human capital, leading to an increase in the level of education and, in turn, to a …

This paper develops a dynamic general equilibrium model of fertility, human capital accumulation, child labor and … survival probability leads to falling fertility, eventually to investment into schooling and the demise of child labor. Child … generate a demographic transition. Falling mortality can only explain a relatively small part of the fertility decline. A …

We develop a new theoretical link between inequality and growth. In our model, fertility and education decisions are … interdependent. Poor parents decide to have many children and invest little in education. A mean-preserving spread in the income … distribution increases the fertility differential between the rich and the poor, which implies thatmore weight gets placed on …

We develop a new theoretical link between inequality and growth. In our model, fertility and education decisions are … interdependent. Poor parents decide to have many children and invest little in education. A mean-preserving spread in the income … distribution increases the fertility differential between the rich and the poor, which implies that more weight gets placed on …

parental education and health investments. We show that i) there is a complementarity between education and health: if parents …

relationship between fertility rates and income was positive. On the other hand, there were those who raised the possibility that …